SEPTEMBER KEY FIGURES
| | Sep qtr 11 | Jun qtr 11 to Sep qtr 11 | Sep qtr 10 to Sep qtr 11 |
| | $m | % change | % change |
TREND ESTIMATES(a) |
|
Value of work done | | | |
| For the private sector | 18 545.2 | 13.1 | 51.4 |
| For the public sector(b) | 7 799.8 | 0.4 | 8.6 |
| Total engineering construction | 26 354.6 | 9.1 | 35.6 |
SEASONALLY ADJUSTED ESTIMATES(a) |
|
Value of work done | | | |
| For the private sector | 20 117.7 | 34.3 | 71.3 |
| For the public sector(b) | 7 578.7 | -5.1 | 6.4 |
| Total engineering construction | 27 696.5 | 20.6 | 46.8 |
|
(a) Chain volume measures, reference year 2009-10. |
(b) Includes work done by the private sector for the public sector and work done by the public sector. |
Value of work done, Chain volume measures
| Value of work done, Chain volume measures - Trend estimates
|
SEPTEMBER KEY POINTS
VALUE OF WORK DONE, CHAIN VOLUME MEASURES
TOTAL
- The trend estimate for the value of total engineering construction work done rose 9.1% in the September 2011 quarter.
- The seasonally adjusted estimate for the value of total engineering construction work done rose 20.6% in the September quarter to $27,696.5m.
PRIVATE SECTOR
- The trend estimate for the value of work done for the private sector rose 13.1% in the September quarter.
- The seasonally adjusted estimate for the value of work done for the private sector rose 34.3% in the September quarter to $20,117.7m.
PUBLIC SECTOR
- The trend estimate for the value of work done for the public sector rose 0.4% in the September quarter.
- The seasonally adjusted estimate for the value of work done for the public sector fell 5.1% in the September quarter to $7,578.7m.
VALUE OF WORK COMMENCED, CURRENT PRICES
- The value of work commenced in the September quarter was $36,453.3m, an increase of 72.3% from the June quarter.
NOTES
FORTHCOMING ISSUES
ISSUE (QUARTER) | Release Date |
December 2011 | 5 April 2012 |
March 2012 | 4 July 2012 |
ABOUT THIS ISSUE
This publication updates the preliminary estimates released in
Construction Work Done, Australia (cat. no. 8755.0) on 23 November 2011.
CHANGES IN THIS ISSUE
A new base year, 2009-10, has been introduced into the chain volume estimates which has resulted in revisions to growth rates in subsequent periods. In addition, the chain volume estimates have been re-referenced to 2009-10, thereby preserving additivity in the quarters after the reference year. Re-referencing affects the levels of, but not the movements in, chain volume estimates.
SIGNIFICANT REVISIONS THIS QUARTER
Compared with the current price estimates in original terms published in the previous issue of this publication:
- The June quarter work done estimates have been revised downward by $56.6m. These revisions occurred predominantly in the Oil, gas, coal and other minerals and Roads, highways and subdivisions commodities.
DATA NOTE
Trend estimates should be used with caution due to the volatility caused by large engineering projects. For more details on trend estimates, please see paragraphs 22 to 24 of the explanatory notes.
INQUIRIES
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070.